Luthra and Luthra Law Offices Banking and Finance team recently advised ICICI Bank Limited, Yes Bank Limited, and India Infrastructure Finance Company Limited in connection with the private placement of up to 1,500 NCDs aggregating to INR 150 crores in 2 series by Virescent Renewable Energy Trust. The transaction team comprised Karan Mitroo (Partner) and […]
IndiGrid ties up with IBM for digital transformation of critical power infrastructure
New Delhi: Infrastructure Investment trust IndiGrid on Thursday announced a multi-year collaboration agreement with IBM to build an artificial intelligence (AI)-enabled asset management platform. The IBM Maximo Application Suite will allow IndiGrid to become future-ready by improving the overall health of its assets and maximise the full potential of their operating life, while adhering to […]
Sterlite Power secures Rs 2K cr funding to execute Lakadia Vadodara project
Sterlite Power on Wednesday said it has secured Rs 2,024 crore funding from IndusInd Bank and L&T Infrastructure Finance to execute Lakadia Vadodara transmission project. Sterlite Power on Wednesday said it has secured Rs 2,024 crore funding from IndusInd BankNSE -1.35 % and L&T Infrastructure Finance to execute Lakadia Vadodara transmission project. Sterlite Power has […]